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20121104
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
CNN
Oct 26, 2012 11:00pm PDT
change. they went from, there was an old gm and a new gm, so they went through kind of a managed bankruptcy after all the bailout work was done. >> then ford did it all on their own. >> wait, this is not true. that is not true. ford had the timing on their side. they went and renegotiated their debt before the 2008 crisis hit. they happened to have an advantage of going to wall street to renegotiate their borrowing authority and it was the calendar. >> the ceo of ford said about mitt romney's prescription. he said if gm and chrysler had gone into a free fall bankruptcy, they would have taken the entire supply chain and auto agency with it. he said that in 2010. so that's really what -- >> speculation is not accurate. >> it is because there was no way that private capital were going to keep those companies alive into a chapter 11 reorganization. they would have gone into liquidation. we would have lost not only those two companies, but the supply chain. >> what he said, these are his words, the american auto industry is vital to our national interest as employer and hub for manufa
CNN
Nov 4, 2012 8:00am PST
sensitive on the auto bailout. has to do with the production of jeeps. >> obama took gm and chrysler into bankruptcy and sold advicely to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> now in a "new york times" front page story. not a column or editorial, it was at the impression the move would come to jobs in ohio. >> i think this is very rif yk for the romney campaign and blew up in their face, and i'll tell them why. >> should straight journalists be saying that's a misleading ad? >> they didn't say it. the president of gm came out -- >> afterward. >> -- and said wrong. they have just hammered romney on this. the poignant comment to make is the political media. when you get right down to saying something that's not true, particularly in the day of fact checkers, it's dangerous. >> i would argue, debra, the fact checkers have a less. in this ad the wording is very careful. sold chrysler to italians who are going to build jeeps in china. it doesn't say but implies that some of those are the american jobs. >> here's what sort of drives me
CNN
Nov 4, 2012 6:00am PST
put up an ad that has been found by all the fact checking folks to be false. gm spokesman has come out and said, wait a second, this is not what's going on. the unions have bashed it, and it suggests many it that jeep production is going to be sent to china when, in fact, we're told nothing close to that is going to happen. one of the things the opposition said was, boy, you have been able to unite both corporate america and the unions in this false ad. why not take this one down? >> well, first of all, the ad is accurate. bill clinton was in pennsylvania yesterday talking about it. >> you're the only folks that think it's accurate. you all are the only ones -- >> here's the situation. look, candy, it's not gm. it's chrysler, first of all. >> sorry. i'm sorry. >> jeep has said they're going to reopen a facility that was closed after daimlerchrysler, you know, broke apart years ago. it will be in china to produce for the chinese market, and that's all the ad says. there's nothing inaccurate about it. those jeeps are now being produced in america, and they're being exported to china
CNN
Nov 3, 2012 10:00am PDT
danger? not true. executives from chrysler and gm came down hard on the romney campaign for it, calling it the most cynical kind of campaign politics n that area and every area here matters, you can tell that particular campaign gamut backfired. >> but mitt romney is still kpetive in ohio. >> this is a mainstream republican state. there is a reason no republicans won the white house not winning ohio. there is a deep republican tradition in this state. the fact that it's an obama fire wall is what is remarkable. this is a state that mitt romney could do well. he should do well. running the obama's campaign core strategy appealing to middle class voters, working class whites in this state makes a big difference when it comes to ground game and that critical early voting. mitt romney has had a real problem connecting to those folks. >> who is he leading with in ohio? >> president obama is leading with women. he's leading with centrist business 0 points. losing independents by two points. losing white men by a considerable margin. leading with folks who make undered 50 e$50,000 a year. so t
CNN
Oct 27, 2012 11:00am PDT
really revolve around the gm plant? >> yes. >> no question? >> no question. >> we meant sherry gaunt in lordstown, long time gm worker and vice president of the local united autoworkers. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a senior engineer, nonunion. >> what did the auto bail out mean
CNN
Oct 31, 2012 9:00am PDT
government bailout and now he's fighting back with a new ad. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and
CNN
Nov 3, 2012 7:00am PDT
have the ceo of gm and the ceo of chrysler come out to say that they're lies and that he needs to cut it out. i think in ohio, such an important state for mitt romney where the president is leading right now, the obama campaign is doing exactly what they need to be doing. >> at a time like this, the visuals are just as important as the rhetoric. thank you both, maria, ana, nice to see you. >>> it is the other big story, superstorm sandy. it left behind widespread disruption and is blamed for dozens of deaths. the surprising way some of the victims died and how it may have been prevented. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> the heartache is growing for families across the northeast, as sandy claims more lives. according to the latest number, the storm is now blamed for 106 deaths in the u.s. overall, sandy left 175 people dead including canada
CNN
Nov 2, 2012 1:00pm PDT
people's jobs. these are people's lives. >> reporter: he's talking about this. >> obama took gm into bankruptcy and sold chrysler to italian who is are going to build jeeps in china. >> of course it turns out it's not true. the company ceo told governor romney himself knock it off. >> reporter: the squabble over that spot has made headlines here in ohio, the obama campaign hit back on air. >> politics at its cynical worst. >> reporter: on a stump the president is casting it as part of a larger message. >> massaging the facts when they're inconvenient to your campaign, that's definitely not change. that's the oldest trick in the book. yeah. that's what governor romney's been doing these last few weeks. and i know what real change looks like because i've fought for it. right along side you. and after all we've been through together, we sure can't give up now. >> report from cnn's jessica yellin. she's with the president in lima, ohio, right now. we'll speak with her later. we have reporters all over the country right now getting ready for tuesday's election. they're in all the key batt
CNN
Nov 2, 2012 8:00am PDT
is a jeep plant and i was in youngstown where the large gm plant exists. look at the swing states, florida, ohio and virginia and florida's unemployment rate is high er th higher that on the national average but virginia and ohio are lower. around here people are feeling good and like it is in an upswing. i'm in toledo and they have a good deal of vacancy in the downtown buildings, but they are coming back. the question is who do you credit? this state has a republican governor like florida and virginia and wisconsin and who to you credit for this? most people talking about here are showing what the polls are showing a slight edge for obama. and the question is who goes otut vote and whout to vote, and what happen s s toe undecideds, because there are still some. >> and we will let the viewers know how it stands in ohio. i though you have to get back on the tour bus. appreciate your doing that for us. >>> and the key battleground state ohio, and no offense, florida, because we love you, too. but i want to let you know about a buckeye presidential poll that will kick off at 4:00 p.
CNN
Oct 31, 2012 6:00am PDT
. the debates about the economy. the campaign having a tussle right now over chrysler and gm. when biden and clinton koim to youngstown they slammed mitt romney for ads calling this claim that they were moving plants and jobs overseas on production within of the most cynical political moves he has seen and raw here in the final weeks. every voting counting, the economy issue number one here in ohio. >> not often you hear like a big business speak out about a republican ad but i guess that makes gm look bad, too, right? >> no. yeah. but very unusual. they tried to stay out of it and very unusual for spokesman to unload that kind of harsh language against the romney campaign in this particular ad. >> john avalon from youngstown, ohio. today's talk back question. will sandy change the election? facebook.com/carolcnn. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. that bringing yo
CNN
Nov 2, 2012 6:00pm PDT
chevy cruz. that's a gm product that is the direct result of the president's intervention to bail out the automobile industry. >> as a former commander yourself, how do you think the president's done this week in terms of his role as commander in chief in what was really a national crisis? >> i think he's done extremely well in terms of his sympathy and empathy for the groups, his visit. i think he was smart not to go into new york city, where it's too congested, too many problems. i think he's also done well in terms of showing the power of the office by just the latest move of having the military assist in delivery of fuel. it also shows up the hollowness of governor romney, his flip-flopping. for example, on the issue of fema, he was suggesting months ago that maybe you don't need a federal emergency management agency, maybe you can just let each state fend for itself. now, imagine where we would be if someone had actually taken that advice and killed fema. you would have new york, new jersey, each fighting with each other for scarce resources, for fuel, for power, for electric lin
CNN
Nov 4, 2012 12:00am PDT
cash infusion from president bush. months later when gm and chrysler asked pour more taxpayer money, congress refused. so the president did it on his own. >> we cannot and must not and we will not let our auto industry simply vanish. >> and he went against the advice of his own -- some cases, his own advisers. >> he bailed out the auto industry anyway in a wildly unpopular move opposed by nearly three quarters of americans. as well as his future republican opponent mitt romney. at first the restructuring of the industry cost thousands their jobs. >> when you look at everything from the auto bailout which was very unpopular at the time. if i'd been leading with emotions or had my political hat on, we might not have done, but saved a million jobs. >> ultimately, the bailout saved jobs and it provided the industry a safety net. but the president was not effective at selling it. >> it would be great if you were sitting down for an hour-long lecture in a classroom but not necessarily try to sell it to the public. he doesn't think in sound bites. >> while the president pushed forward on h
CNN
Nov 1, 2012 6:00am PDT
many different kinds of entities. first, listen. >> obama took gm and chrysler into bankruptcy. and sold chrysler to italians who are going to build jeeps in china. >> really? after all that federal bailout money, it's china that will get all the jobs? right away, the white house unleashed its attack dogs. >> they're running the most scurrilous ad in ohio. they assert that president obama forced chrysler into bankruptcy so the italians could take over chrysler. and ship jeep manufacturing to china. that's what the ad says. that's what the ad said. it's an outrageous lie. >> don avalon is a cnn contributor who also serves as a senior political columnist for "ne "newsweek" and the daily beast. joining from us youngstown, ohio. i know you've done a lot of reporting on this issue. is the ad inaccurate? >> reporter: the ad is inaccurate, but it really is resonating here in ohio, and not in a good way for the romney campaign. a lot of voters i've spoken to, they've heard about the ad, they've seen it and understand it's an attempt to muddy the waters and play fast and loose with the facts
CNN
Nov 2, 2012 9:00am PDT
they would like. >> we're in toledo. >> we were in youngstown yesterday. it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number th
CNN
Nov 4, 2012 1:00am PDT
president bush. months later when gm and chrysler asked for more taxpayer money, congress refused. so the president did it on his own. >> we cannot and must not and we will not let our auto industry simply vanish. >> and he went against the advice of his own -- some cases, his own advisers. >> he bailed out the auto industry anyway in a wildly unpopular move opposed by nearly three quarters of americans. as well as his future republican opponent mitt romney. at first the restructuring of the industry cost thousands their jobs. >> when you look at everything from the auto bailout which was very unpopular at the time. if i'd been leading with emotions or had my political hat on, we might not have done, but saved a million jobs. >> ultimately, the bailout saved jobs and it provided the industry a safety net. but the president was not effective at selling it. >> it would be great if you were sitting down for an hour-long lecture in a classroom but not necessarily try to sell it to the public. he doesn't think in sound bites. >> while the president pushed forward on his agenda, his critics
CNN
Nov 1, 2012 1:00pm PDT
bailed out car companies gm and chrysler to foreign. nowhere in the ads does it mention romney opposed the auto bailout. gm officials blasted the spot to a detroit newspaper saying no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repate rating properties back to this country. polls receiving high marks for his handling of superstorm sandy, it's unclear how much the race has changed. hoping to recapture the momentum he had before the storm, romney recycled a line of attack he used presandy. >> he's been out talking about how he's going to save big bird and then playing silly word games with my last name, or first. and then attacking me day in and day out. >> reporter: the storm also interrupted romney's closing argument which he was supposed to start delivering last monday. instead, he has five days left to make his case against a president who has emerged from sandy perhaps now tougher to beat. wolf. >> jim acosta on the campaign trail with mitt romney. devastated barely begins to describe what happened to staten island, new
CNN
Oct 29, 2012 4:00am PDT
again. you know, no trading of gm or google today. stock markets are closed. the nasdaq and new york stock exchange will shut down because of this storm. the nyse hasn't been closed for weather since hurricane gloria in 1985. the bond market will close early today at noon eastern. some 284,000 homes are in the path of this huge storm. 87 billion dollars in home at risk because of storm surge alone. protecting all that property meant a rush for retailers this weekend, selling flashlights, flywood, food, water. now the retailers are shutting their doors in the northeast and mid-atlantic and insurance companies are preparing for the claims about to come. quick reminder about your homeowners insurance. you want to check, soledad. you want to check and see what your coverage is. make sure you slide all of your paperwork in a ziplock bag and keep that with you. next couple of days will be crucial. >> very smart to do that now when it's not an emergency yet and you're holed up at home anyway. let's get to newark new jersey mayor cory booker. he comes on our show a fair amount. going to
Search Results 0 to 21 of about 22 (some duplicates have been removed)